Which of the following is an industry strategic factor that relates to whether new entrants face a disadvantage when attempting to enter an industry?

LohaHridoy
  1. barriers to entry
  2. power of suppliers
  3. power of consumers
  4. industry value chain

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Answer: Option 1

Barriers to entry is an industry strategic factor that relates to whether new entrants face a disadvantage when attempting to enter an industry.

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